OTCQB: ENRT CSE: TOP Emerging Lithium Opportunity Januar anuary y 2019 Upda 2019 Update te
Disclaimer This presentation includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements which are not historical facts are forward-looking statements. The Company makes forward- looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, evaluation of mineral projects, mineral recovery technologies, for participation and/or financing, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions that are forward-looking statements. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements., foreign exchange and other financial markets; changes of the interest rates on borrowings; hedging activities; changes in commodity prices; changes in the investments and ability to finance; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which Enertopia Corporation operates. The User should refer to the risk disclosures set out in the periodic reports and other disclosure documents filed by Enertopia Corporation from time to time with regulatory authorities. There is no assurance that the Electric Vehicle market will grow by the currently projected numbers or that Li-ion batteries with be the storage platform of choice. There is no assurance that the Company will be successful in the discovery of Lithium brine, clay or rock deposits or mineral recovery technologies will be economical, and if they are economical will have any positive impact on the Company. 2
Project Location Nevada State Map Enertopia currently controls 100% of approximately 160 Acres of Placer and Lode Claims in Clayton Valley, Nevada Enertopia Lithium Project 3
Enertopia Project Location Near paved highways and power. High solubility Lithium source rocks at surface. Enertopia project outlined in black. 3 rd party drilling by Cypress Development adjacent to our western boundary has resulted in a 43-101 Tech Report defining an indicated resource of 3,835,000 tonnes of LCE (lithium carbonate equivalent) at a grade of 865 ppm li. Within the Cypress’resource is a proposed high grade starter pit near our south western boundary of 1,164,000 tonnes of LCE at a grade of 1,105 ppm li. (Cypress Dev. Corp 43-101 Tech Report, June 5, 2018) 4
Enertopia Placer and Lode claim block shown in blue and gold Three of Cypress Development drill holes marked in red. DCH-9 and DCH -13 are closest to Enertopia’s western project border. Vertical trace of Hole DCH-14 and DCH-13 cross section shown on next page. HOLE From To Est Avg Meters Meters Thickness PPM Li DCH-9 8.2 93.9 85.7 1,014 DCH-13 5.5 112.2 106.7 1,134 DCH-14 2.9 78.6 75.7 733 Drilling to date by Cypress Development indicates both grade and thickness increase as one moves to the Southeast. 5
Cross Section Cypress DCH-14, DCH-13 Trace of Hole DCH-14 and DCH-13 cross section looking NW. Dipping east to Enertopia claims. 6
Completed drill locations shown in Red dots Completed Dec 2018 Drilling Program below: Four DDH holes TOP-01,02,03,04 were completed with TOP-04 ending in lower claystone. These holes will be used to calculate a project wide lithium resource over our 160 acres of placer and Lode claims. One Metallurgical test hole was drilled off the same pad location as DDH 02. The rock recovered will be used for creating synthetic lithium brine for enhanced testing of resins and membranes used for removing impurities for a rich lithium feed stock. DDH # Upper Reduced Lower Total Claystone Claystone Claystone Claystone Resource Holes Thickness Thickness Thickness Thickness TOP-01 95 ft 162 ft not reached 257 ft TOP-02 74 ft 186 ft not reached 260 ft TOP-03 85 ft 250 ft not reached 335 ft TOP-04 54 ft 116 ft 95 ft 265 ft Metallurgical Thickness Thickness Thickness Thickness Hole TOP-02M 66 ft 191 ft not reached 257 ft 7
TOP- 02 CORE Photo’s Photo of oxidized upper claystone Photo of reduced claystone Photo of black reduced claystone 8
TOP- 04 CORE PHOTO’s Photo of oxidized upper claystone Photo of reduced claystone Photo of lower claystone 9
Strategic location for Project and Technology Advancement ▪ Project is located on an uplifted block of lithium rich sediments confirmed by 3 rd party surface sampling and drilling adjacent to the project with numbers averaging above 1,000 ppm Li at surface and in drill holes. ▪ Lithium values are hosted in mostly green tuffaceous claystones and mudstones east of Angel Island. ▪ Project is road accessible and only minutes from paved highway. ▪ Initial leach tests indicate that a large portion of Lithium contained in lithium-rich sediments at and near surface can be readily leached, producing lithium enriched synthetic brine. 10
NEXT PROJECT STEPS FOR ENERTOPIA PROJECT DEVELOPMENT: Assay’s pending for TOP -01-04 holes. Metallurgical testing of horizons by pH solution testing to begin by 2nd Qtr 2019. TECHNICAL DEVELOPMENT: Continued testing of high pH, low impurity brine solution using ion resins for removing impurities and lithium concentration. Continued review of technical data to drive down future Capex of potential mine development. 11
Lithium the driver of Battery Metals Demand For Our Clean Energy Mobile World Recent News Headlines ▪ Nov 2018, Volkswagen announces $50 billion dollar shift to be number one in Electric Vehicle sales with a target of 3 million electric vehicles sold per year by 2025. Source CNN business ▪ Dec 2018, Energy efficiency of Li-Ion battery and electric engine is over 90% vs under 30% energy efficiency for light duty ICE (Internal combustion engines). From mid 2014 to 2016 it took 17 months to sell 1 million EV’s but only 6 months in 2018 to sell 1 million vehicles. Source Dec 1st Economist 12
Modern Lithium demand part ONE cell phones now the number one way to access the internet 13
Modern Lithium demand part TWO Emergence of EV’s Source: EVvolumes.com 14
Modern Lithium demand part THREE accelerating EV Demand Source: Canaccord Genuity Battery Metals Forecast Dec 2018 15
Modern Lithium demand part FOUR off grid storage 16
Li-Ion Battery cost down 80% since 2010 and falling Cost per $/kWh source Deloitte, Forbes.com 17
Number of World EV Charging Stations This Number is estimated to grow to 40 million by 2030 Source Greentechmedia.com 18
ADVISORY CONSULTANTS Dr. John Thomas — Technical Advisor Dr. Thomas is a professional engineer, and holds a B.Sc., an M.Sc., and a Ph.D. in chemical engineering from the University of Manchester in the United Kingdom. He also received a diploma in accounting and finance from the U.K. Association of Certified Accountants. He has 43 years of experience in the mining industry, including both base metal and precious metal projects in several countries including Brazil, Canada, Costa Rica, Russia, Venezuela, and Zambia. His experience covers a wide range of activities in the mining industry from process development, management of feasibility studies, engineering and management of construction, and operation of mines. 19
MANAGEMENT TEAM President & CEO: Robert McAllister Mr. McAllister has served as President of Enertopia since November 2007 and as a Director since April 2008. Mr. McAllister was responsible for Investor Relations and Corporate Communications for publicly traded mining and oil & gas listed companies. Mr. McAllister has also provided and written business and investment articles from 1996 to 2006 in various North American publications focused on oil & gas and mining companies. Director: Kevin Brown Mr. Brown brings over 15 years of diversified financial and business management experience in private companies, covering the high-tech, mining, and the health and wellness industries. Director: Kristian Ross Mr. Ross has extensive experience in management and has raised over $20 million in financing for Canadian junior resource companies for the past 40 years, including from early-stage project exploration and project procurement through feasibility, mine development, and production. Mr. Ross has experience in both base metal and precious metals project development and was previously President and CEO of a public mining company with two underground gold and silver mines in northern Canada. 20
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